6666 Briarfield AveRadfordVA24141
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Radford at 6666 Briarfield Ave, Radford, VA, 24141 generates $1,631/mo in rent and, after a $953/mo payment, leaves $467/mo in cash flow. Total monthly income is $1,631/mo, and annual cash flow is $5,604/yr on $64,576 invested. Return on cash invested sits at 28.59% in year one, and rental yield is 10.05% on a $194,800 entry. Equity gained on principal adds $1,257/yr, while 5% annual appreciation builds toward $53,820 over five years. Five-year ROI reaches 149.08% and total cumulative return in cash sums $96,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24141, Radford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,304 (100%) |
| Owner Occupied HU | 5,017 (48.7%) |
| Renter Occupied HU | 3,996 (38.8%) |
| Vacant Housing Units | 1,291 (12.5%) |
| Median Home Value | $296,164 |
| Average Home Value | $324,065 |
Housing Distribution
Address Breakdown
Residential
9,834
Single Family
8,848
Multi-Family
986
Businesses
587
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